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Subscription price(1)
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| | | $ | 50,000,000 | | |
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Proceeds to us (before expenses)
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| | | $ | 47,990,000 | | |
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Page
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Beneficial Ownership
Pre-Transaction |
| |
Beneficial Ownership
Post-Transaction (Pre-Conversion Of New Notes) |
| |
Beneficial Ownership
Post-Transaction (Post-Conversion Of New Notes) |
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Scenario
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Shares(1)
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Percentage
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Shares(1)
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Percentage
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Shares(1)
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Percentage
|
| ||||||||||||||||||
A
|
| | | | 17.960 | | | | | | 100% | | | | | | 17.960 | | | | | | 100% | | | | | | 58.750 | | | | | | 30.57% | | |
B
|
| | | | 17.960 | | | | | | 100% | | | | | | 25.110 | | | | | | 71.53% | | | | | | 65.914 | | | | | | 27.25% | | |
C
|
| | | | 17.960 | | | | | | 100% | | | | | | 38.388 | | | | | | 46.79% | | | | | | 71.456 | | | | | | 25.13% | | |
| By regular mail: | | |
By registered, certified or express mail, by
overnight courier: |
|
| Computershare Investor Services | | | Computershare Investor Services | |
|
Attn:
Corporate Actions
P.O. Box 41011 Providence, RI 02940-3011
|
| |
Attn:
Corporate Actions
150 Royall Street, Suite V Canton, MA 02021
|
|
| | |
Beneficial Ownership
Pre-Transaction |
| |
Beneficial Ownership
Post-Transaction (Pre-Conversion Of New Notes) |
| |
Beneficial Ownership
Post-Transaction (Post-Conversion Of New Notes) |
| |||||||||||||||||||||||||||
Scenario
|
| |
Shares(1)
|
| |
Percentage
|
| |
Shares(1)
|
| |
Percentage
|
| |
Shares(1)
|
| |
Percentage
|
| ||||||||||||||||||
A
|
| | | | 17.960 | | | | | | 100% | | | | | | 17.960 | | | | | | 100% | | | | | | 58.750 | | | | | | 30.57% | | |
B
|
| | | | 17.960 | | | | | | 100% | | | | | | 25.110 | | | | | | 71.53% | | | | | | 65.914 | | | | | | 27.25% | | |
C
|
| | | | 17.960 | | | | | | 100% | | | | | | 38.388 | | | | | | 46.79% | | | | | | 71.456 | | | | | | 25.13% | | |
| By regular mail: | | | By registered, certified or express mail or by overnight courier: | |
|
Computershare Investor Services
Attn: Corporate Actions P.O. Box 43011 Providence, RI 02940-3011 |
| |
Computershare Investor Services
Attn: Corporate Actions 150 Royall Street, Suite V Canton, MA 02021 |
|
| | |
As of December 31, 2020
|
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(in thousands)
|
| |
Actual
|
| |
As
Adjusted(1) |
| |
As Further
Adjusted(2) |
| |
As Further
Adjusted(3) |
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Cash and cash equivalents
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| | | $ | 37,486 | | | | | $ | 40,305 | | | | | $ | 40,305 | | | | | $ | 50,142 | | |
Long-term debt (including current maturities) | | | | | | | | | | | | | | | | | | | | | |||||
Revolving Credit Facility
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| | | | 22,500 | | | | | | 22,500 | | | | | | 22,500 | | | | | | 22,500 | | |
Old Notes
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| | | | 120,569 | | | | | | 6,028 | | | | | | 6,028 | | | | | | 6,028 | | |
New Notes
|
| | | | — | | | | | | 122,368 | | | | | | — | | | | | | — | | |
Other debt
|
| | | | 1,639 | | | | | | 1,639 | | | | | | 1,639 | | | | | | 1,639 | | |
Total debt
|
| | | | 144,708 | | | | | | 152,535 | | | | | | 30,167 | | | | | | 30,167 | | |
Stockholders’ equity
|
| | | | (71,090) | | | | | | (71,090) | | | | | | 51,278 | | | | | | 61,115 | | |
Total capitalization
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| | | $ | 73,618 | | | | | $ | 81,445 | | | | | $ | 81,445 | | | | | $ | 91,282 | | |
Effective Date
|
| |
$2.57
|
| |
$3.00
|
| |
$3.50
|
| |
$5.00
|
| |
$7.50
|
| |
$10.00
|
| |
$20.00
|
| |
$30.00
|
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Issue Date
|
| | | | 55.7743 | | | | | | 39.4400 | | | | | | 32.9743 | | | | | | 22.2040 | | | | | | 13.8307 | | | | | | 9.6450 | | | | | | 3.3645 | | | | | | 1.2740 | | |
One Year Anniversary of Issue Date
|
| | | | 55.7743 | | | | | | 18.7033 | | | | | | 14.7971 | | | | | | 9.9820 | | | | | | 6.2373 | | | | | | 4.3650 | | | | | | 1.5575 | | | | | | 0.6213 | | |
1 1∕2 Year Anniversary of Issue Date
|
| | | | 55.7743 | | | | | | 7.8122 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | |
Date
|
| |
Percentage
|
| |||
2020
|
| | | | 103.50% | | |
2021
|
| | | | 100.00% | | |
| By regular mail: | | | By registered, certified or express mail, by overnight courier: | |
| Computershare Investor Services | | | Computershare Investor Services | |
|
Attn: Corporate Actions
P.O. Box 43011 Providence, RI 02940-3011 |
| |
Attn: Corporate Actions
150 Royall Street, Suite V Canton, MA 02021 |
|